Here’s What Impacted Apple (AAPL) in Q2

Core Viewpoint - The Alger Spectra Fund's second-quarter 2025 investor letter indicates a significant rebound in equities, with the fund's Class A shares outperforming the Russell 3000 Growth Index [1] Company Summary: Apple Inc. (NASDAQ:AAPL) - Apple Inc. reported a one-month return of 11.67% and a 12.63% increase in share value over the last 52 weeks, closing at $256.08 per share with a market capitalization of $3.8 trillion on September 22, 2025 [2] - The company is recognized for its competitive strength in telecommunications, computing, and services, driven by its proprietary iOS operating system, which enhances consumer engagement and high-margin service purchases [3] - Apple Inc. reported revenue of $94 billion in the June quarter, reflecting a 10% year-over-year increase [4] - Despite its strong market position, Apple faces challenges such as tariff-related pressures on gross margins and concerns regarding its slower AI innovation compared to competitors [3][4] - The stock is currently ranked 8th among the 30 Most Popular Stocks Among Hedge Funds, with 156 hedge fund portfolios holding its shares at the end of the second quarter [4]